![]() ![]() ![]() "The risks associated with doing a FHA loan today are just too high." (Quicken Loans is one of the largest originators of FHA-insured loans.)Įmerson also said the FHA needs to make more progress in providing guidance on policy toward loan repurchases. ![]() "We have seen a lot of large institutions back away from that program," he said. "They just want us to write a check."Įmerson said the DOJ's pursuits of FHA-related claims against industry leaders are having a "chilling effect on the market." "They wanted us to admit to things that were blatantly false," Emerson said Tuesday at the housing forum held by the National Association of Realtors. ![]()
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